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Repudiation of Fire Insurance Claim After False Declarations and Policy Breaches Upheld: Supreme Court

The Supreme Court has allowed an appeal filed by New India Assurance Company Ltd. and set aside the National Consumer Disputes Redressal Commission’s (NCDRC) order directing the insurer to pay ₹2.40 ...
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Advance Authorisation Exemption Valid and Dept. Failed to Prove Imports Were Wind-Turbine Castings: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that imports made under valid ...
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SAFEMA Appellate Tribunal Quashes Benami Property Attachment Over Procedural Violation in Rs. 1.07 Crore Jewellery Case

The Appellate Tribunal under SAFEMA at New Delhi has set aside an order confirming provisional attachment of jewellery valued at ₹1,07,33,434, holding that the Initiating Officer could not obtain the ...
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One-to-One Input-Export Correlation Not Required: CESTAT Quashes Recovery of Cenvat Refund

The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that refund of accumulated Cenvat credit under Rule 5 of the Cenvat Credit Rules, 2004 could not be denied ...
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CESTAT Allows CENVAT Credit on Rent-a-Cab and Staff Welfare Expenses

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit of Service ...
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S. 143(1) Intimation Issued After Scrutiny Notice U/s 143(2) Void Ab Initio: ITAT

Bangalore Bench, has held that an intimation issued under Section 143(1) of the Income Tax Act, 1961, after initiation of ...
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Excise Commissioner Dares to Record Contrary View to CESTAT: Gujarat HC Warns Adjudicating Authority

The Gujarat High Court has set aside orders passed by the adjudicating authority and the appellate authority in a Central ...
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Tender Eligibility Conditions Must Be Applied Strictly; Higher Bid Cannot Cure Lack of Required Experience: Supreme Court

The Supreme Court has held that a bidder who does not satisfy an essential experience condition prescribed in a tender cannot claim eligibility merely because it has quoted a higher amount.
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Second E-Way Bill Was Fraudulently Generated With Intent to Evade Tax: GSTAT Upholds Rs. 5.53 Lakh Penalty

Varanasi Bench, has dismissed an appeal concerning a ₹5,53,446 penalty imposed under Section 129 of the GST law, holding that the second e-way bill generated after expiry of the original document was ...
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Supreme Court Clarifies S. 28A Land Acquisition Limitation

The Supreme Court has clarified the scope of Section 28A of the Land Acquisition Act, 1894, holding that an application for redetermination of compensation under the provision must be founded on an ...
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Genpact’s ED NOC Rejection Quashed: Karnataka HC Remands Matter for Fresh Decision on USD 100 Million GIFT City Investment

The Karnataka High Court has set aside the Enforcement Directorate’s rejection of Genpact application seeking a No-Objection Certificate (NOC) under Rule 10 of the Foreign Exchange Management ...
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Failure to Prove False Statement and Falsification of Accounts: Rajkot Court Acquits Accused Under Sections 277, 277A of Income Tax Act

The Additional Judicial Magistrate First Class, Rajkot, has acquitted an accused facing prosecution under Sections 277 and 277A of the Income Tax Act, 1961, holding that the Income Tax Department ...